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Stock Market & Financial Investment News

News Breaks
January 9, 2013
12:47 EDTVLKAYVolkswagen to seek to take full control of majority-owned MAN SE
Volkswagen announced it is seeking to conclude a domination and profit and loss transfer agreement with MAN SE and will start talks on this subject with MAN SE’s Executive Board. Entering into a domination and profit and loss transfer agreement is designed to enable Volkswagen and MAN to strengthen and simplify their cooperation, thereby increasing the competitiveness of both companies and is a further milestone on the road to creating an integrated commercial vehicles group, Volkswagen said. Volkswagen currently holds 75.03% of the voting rights in MAN SE. The Volkswagen Group said its goal is to quickly initiate the steps necessary for concluding the domination and profit and loss transfer agreement and that further details will be provided by the companies.
News For VLKAY From The Last 14 Days
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May 20, 2013
06:01 EDTVLKAYImported car prices in China decline, Bloomberg reports
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May 17, 2013
07:39 EDTVLKAYEU auto sales move into posiitve teritory, FT reports
Auto sales in the European Union in April ended an 18-month losing streak, as hopes are raised that the market’s decline in the continent had finally begun to slow, reports the Financial Times. New registrations in the EU were up 1.7% compared with the same month a year ago, helped by gains in the German and U.K. markets, Europe’s largest by sales.Reference Link
May 14, 2013
13:38 EDTVLKAYFord, GM get high marks in consumer survey, Automotive News says
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06:12 EDTVLKAYAudi sales growth surges in China, Bloomberg reports
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